NEW EU TRANSPARENCY RULE ON TAXATION
As of 1 January 2017, member states are obliged to automatically exchange information on all new cross-border tax rulings that they issue. This will be done through a central depository, accessible to all EU countries.
IS CLOUD-BASED ACCOUNTING REALLY AS GOOD AS IT SOUNDS?
Latest cloud-based services allow small businesses to access a ‘dashboard’ which gives a real-time view of how their business is performing, from their cash position to trends in web traffic. In theory, this should help start-ups and SMEs work faster, better and smarter.
INTERVIEW WITH INDUSTRY EXPERTS ON INTERNAL AUDIT & INTERNAL CONTROL
In this issue, Mr. Maxime Delobel, Regional CFO in India, South East Asia & Pacific, Gameloft shares his insight thoughts and experience around the topic of internal audit and internal control.
TAX & LEGAL UPDATES
CIT implications for establishments engaged in socialized activities
CIT for enterprises having additional working office(s),
CIT implication for membership fee of business association,
Synchronous solution to increase the number of Social insurance participants,
FCT regarding transfer of the trademark use right,
FCT for the contractual fine,
Guidance on business license fee for representative office of Vietnamese enterprise,
Distinguishing between the security and capital transfer when transfer share in the joint stock company
PIT for school fee of expatriate’s kid(s)
BEYOND THE GAAP
No. 108. EFRAG publishes draft endorsement advice recommending EU endorsement of IFRS 16.